Office for sale, Vīlandes street, Centrs / 230000€

Property description

Commercial premises with stable income potential in Riga’s Quiet Center!

Commercial premises are offered in one of the most sought-after areas of central Riga – 18 Vīlandes Street. The Quiet Centre is known for its representative environment, diplomatic missions, and solvent client flow, making this property particularly attractive both for business operations and as an investment.

The premises are currently leased, ensuring regular cash flow and allowing the property to be acquired as a ready-made income-generating asset.
The property price includes two parking spaces in a closed inner courtyard – a significant advantage in the city center.

Each parking space is valued at EUR 20,000. The land is privately owned, providing additional security and long-term value retention.
The commercial premises are located on the ground floor of the building and offer a flexible layout:
several separate offices/rooms,a spacious corridor area,a utility room,a sanitary facility.

The property features three independent entrances – one from the street and two from the shared stairwell. Large windows face both Vīlandes Street and the inner courtyard. The building façade and stairwell have been renovated.

The building is managed by a homeowners’ association. The management fee is EUR 0.45/m² per month. The heating system has recently been modernized with the installation of an efficient gas boiler, helping to control and reduce operating costs.
The premises are suitable for retail, beauty or medical services, office use, as well as other commercial solutions where location, accessibility, and a representative environment are essential.

• Finishing: very good condition
• Building description: entrance from the facade side, wide windows, facade building
• Location: shops and cafes nearby, schools and kindergartens nearby, convenient public transport
• Parking lot: parking in the courtyard
• Communications: gas heating with individual meter, autonomous boiler, optic internet available

Object on the map